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127 E Wabash St, Indianapolis, IN 46204 Property Records

Marion County property record for 127 E Wabash St, Indianapolis, IN 46204

Property Summary

Property TypeHotel/Motel
Details42,567 sqft · built 1910
Lot Size0.257 acres (11,221 sqft)
OwnerCompany Name on File
Tax Bill$391,647 (2022)
Deeds & MortgagesOct 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN49-11-01-240-150.002-101

Property Details

APN / Parcel Number

Primary APN49-11-01-240-150.002-101
Alternative APN
  • 1105321

Interior

Units108 Units
Stories7 Stories
Building Area42,567 sqft Total Area
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1910
Construction TypeConcrete
Fire ResistanceFireproof Reinforced Concrete
Lot Area11,221 sqft (0.257 acres)
Pool Area369 sqft

Location & Zoning

Account Number1105321
Street Address127 E WABASH ST
CityINDIANAPOLIS
StateIN
Zip46204-2403
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel/Motel
Local Zoning CodeZO01
Legal DescriptionPT L7 & L8 SQ 44 BEG NE COR L7 S85.75' W89.90' N43.10' W6.76' N56.67' E128' TO BEG 0.2576 AC.
Legal SubdivisionSQUARE 44
Legal Lot Number7
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group2
Census Block2053
Census Tract391002

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Washington Street-Monument Circle Historic District (Additional Documentation)
listed 1997 · 51 contributing resources · NRIS 97001179

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

127 E Wabash St, a commercial property, is owned by a company that acquired it in November 2014.

Source: Marion County records, as of May 10, 2024

Owner of RecordCompany Name on File
Mailing Address3495 COOLIDGE RD, EAST LANSING, MI 48823-6374
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 11, 2014
Deed SaleNov 11, 2014
Record UpdatedJun 7, 2026

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address127 E WABASH ST, INDIANAPOLIS, IN 46204-2403
Document Number0000127436
Instrument DateOct 27, 2020
Transaction TypeMortgage
Record UpdatedNov 18, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address3495 COOLIDGE RD EAST LANSING MI 488236374, EAST LANSING, MI 48823-6374

Mortgage

Document Number0000127436
DateNov 4, 2020
Instrument127436
Lender
NameWESTERN ALLIANCE BK
TypeBank
Address1 E WASHINGTON ST # 25TH, PHOENIX, AZ 85004-2492
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionCenter Township
Consolidated CityIndianapolis City
Unified School DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$14,086,000 (-) Land $1,110,900 Building $12,975,100$14,086,000 (-) Land $1,110,900 Building $12,975,100
2022$391,647.00$14,086,000 Land $1,110,900 Building $12,975,100$14,086,000 Land $1,110,900 Building $12,975,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 127 E Wabash St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 127 E Wabash St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITIZENS WATER - INDIANAPOLIS
serves 880,345 people · EPA ID IN5249004
Water SourceSurface water
Last State InspectionMay 2024
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 549 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xiber
Fixed Wireless		2,000 / 2,000
Spectrum
Cable · Fiber in parts of the area		1,000 / 1,000
Verizon
Fixed Wireless		1,000 / 75
AT&T
Fixed Wireless · Fiber, DSL in parts of the area		100 / 20
On-Ramp Indiana
Fixed Wireless · Fiber in parts of the area		100 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: Haywire, Xfinity.

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